Market research

Maize market in Thailand

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The maize market in Thailand grew from approximately 5.0 million tonnes in 2018 to a peak of 6.6 million tonnes in 2021, driven by a substantial increase in imports which rose from 161 thousand tonnes to over 1.8 million tonnes over the same period. Domestic production, however, trended downward from 5.1 million tonnes to 4.8 million tonnes. After 2021, the total market volume contracted, reaching 5.9 million tonnes by 2023, as import levels receded.

Key developments in 2024 included favorable early-year weather that supported higher sweet corn yields. Authorities also announced new import requirements, set to take effect in 2026, mandating proof that imported feed maize was cultivated without burning to reduce PM2.5 pollution. Concurrently, trade negotiations with the United States were underway, focusing on potential reductions to import duties on feed maize for Thailand's animal feed industry.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Thailand
  1. 5.1.1. Annual dynamics of production in Thailand in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Thailand in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Thailand in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Thailand by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Thailand in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Thailand by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Thailand, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Thailand by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Thailand in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Thailand by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Thailand in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Thailand by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Thailand, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Thailand by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Thailand in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Thailand by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Thailand in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Thailand by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Thailand, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Thailand by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Thailand in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Thailand by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Thailand in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Thailand by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Thailand, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Thailand by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production maize in Thailand

In kind, 2017-2020, K t

Thailand ranked 25th globally in maize production between 2017 and 2020.

Top producers of maize, 2017-2020

Source: SHEV.io

World map of production of maize, 2017-2020

Source: SHEV.io

In 2020, Thailand produced 4 990 K t of maize, marking a 10.0% year-over-year increase. Over the 2017-2020 period, production grew by 3.5%, with a compound annual growth rate (CAGR) of 1.2%. The lowest production level was recorded in 2019 at 4 535 K t, while the highest was in 2018 at 5 069 K t. The most significant decline occurred in 2019, with a drop of 10.5%.

Annual dynamics of production in Thailand in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.1%	(10.5%)	10.0%	1.2%

Source: SHEV.io

Exports maize from Thailand

Exports in kind, K t

The market exhibited volatility during these years. Exports fell from a peak in 2017 to a trough in 2019, changing by a factor of 25. In 2020, Thailand's maize export volume reached 27 K t, showing a notable rise of 15.5% compared to the previous year. The minimum value was recorded in 2019 at 24 K t, with the largest decline that year at 89.8%.

Annual dynamics of product's exports from Thailand in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(60.3%)	(89.8%)	15.5%	(63.9%)

Source: SHEV.io

From 2017 to 2020, the main buyers of maize from Thailand were the Philippines (59.7% of exports in kind), Vietnam (18.8%), and Indonesia (4.5%), together accounting for 83.0% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Thailand in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

After a two-year decline, maize deliveries from Thailand increased in 2020. Thailand exported 70.7 M $ US of maize that year, up by 12.3% relative to the prior year. Between 2017 and 2020, exports decreased by 62.1%, equating to an annualized rate of 27.6%. The minimum value was recorded in 2019 at 62.9 M $ US, with the largest decline that year at 47.4%.

Annual dynamics of product's exports from Thailand in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(35.8%)	(47.4%)	12.3%	(27.6%)

Source: SHEV.io

In 2017-2020, the Philippines (28.4% of exports in value terms), Vietnam (16.4%), and Myanmar (9.6%) together accounted for 54.4% of total exports in value terms, remaining the primary destinations for maize from Thailand.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Thailand in value, 2017-2020

Source: SHEV.io

Imports maize to Thailand

Imports in kind, K t

Thailand's maize import volume increased for the third consecutive year. In 2020, import volume amounted to 1 599 K t, representing a gain of 171.6% compared to the previous year. Between 2017 and 2020, imports increased by 1436.3%, equating to an annualized rate of 148.6%.

Annual dynamics of product's imports to Thailand in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	55.1%	264.8%	171.6%	148.6%

Source: SHEV.io

Throughout 2017-2020, Myanmar remained the almost exclusive supplier of maize to Thailand, with a share of 100.0% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Thailand in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

Maize deliveries to Thailand increased for the third consecutive year. In 2020, import volume amounted to 282.8 M $ US, constituting a rise of 109.9% compared to the previous year. Between 2017 and 2020, imports increased by 1150.5%, equating to an annualized rate of 132.1%.

Annual dynamics of product's imports to Thailand in value, 2017-2020, M $ US